Arca Foundation

Analysis

Arca Foundation is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Arca Foundation reported income of $933k and spending of $495k, leaving 47% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.0m to $933k (-10%), an average of -2.6% a year. The sharpest change came in the year to June 2022, when income rose by 51%. Over the whole period it spent 61% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Arca Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within NM. Charities of a similar size with the same main cause include Laxer Family Foundation Inc ($932k), Hillsdale High School Foundation Inc ($934k) and The Lefevre Foundation ($931k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 7.7% of the total. At year end it held assets of $10.4m against liabilities of $2.5m, net assets of $7.9m.